"#Barclays to end direct financing of new oil and gas fields.
But direct funding for specific projects makes up only part of Barclays' overall lending to the sector.
The bank has been under pressure from environmental campaigners, shareholder activists and even celebrities to curb its support."
#Barclays is in danger of losing its prestigious position as the bank of Cambridge Uni after 200+ years, as students & staff lobby for a greener lender. Cambridge notified banks & asset managers it is looking for an institution with robust climate policies www.ft.com/content/fde5f22e-a4d4-43de-92ed-28c5f850177d
"Europe’s banks helped fossil fuel firms raise more than €1tn from global bond markets (Guardian exclusive) - Banks including some of Europe’s largest lenders have helped fossil fuel companies to raise more than €1tn (£869bn) from the global bond markets since the Paris climate agreement, according to an investigation by the Guardian and its reporting partners ... analysis of thousands of transactions since 2016, when more than 190 countries agreed at a UN summit in Paris to limit global warming by curbing pollution, has revealed that lenders including #DeutscheBank, #HSBC and #Barclays have continued to profit from the expansion of #oil, #gas and #coal by supporting the sale of #FossilFuel bonds. The findings have raised concerns among sustainable investment campaigners that banks are continuing to offer “hidden” financial support to energy companies that are responsible for increasing the world’s carbon emissions – even as they pledge publicly to phase out direct lending for new projects."
The UK faces an epidemic of telephone scams. Fraudsters are constantly calling people up pretending to be their bank. But how can you be sure the number displayed on your screen in genuine? You can't. The telecom system is hopelessly insecure and shouldn't be trusted for anything more complicated than dialling the speaking clock.
@Edent This response by #Barclays does almost nothing to help #security, in fact it's a free "suckers list" for scammers to use as #spoofed caller ID
The simplest message to customers is to use ONE reception number, and repeat it in every text, popup, webpage, and ask customers to protect themselves by adding it to their contacts and ALWAYS presume you are talking to a criminal unless you called that number